Service Credit
Full-Time Employment
If you join the Retirement System on the day you begin employment with a participating employer in the Retirement System, you work on a full-time, continuous basis and you earn at least the annual equivalent of New York State’s minimum wage for your full public career, your retirement service credit is calculated by subtracting your beginning date of employment from the date you leave work. Full-time is defined by your employer, but must be at least six hours per day.
Part-Time Employment
Part-time employment is credited as the lesser of:
number of days worked ÷ 260 days
or
annual salary ÷ (State’s hourly minimum wage × 2,000)
Employers report days worked and salary to us.
